Trend Trading Levels for 15 Sep 2014

BANKNIFTY Hold Long taken at 15039.3 On 12-08-2014 StopLoss 16172.92 | Profit so far 1281.3
SBIN Hold Long taken at 2543.87 On 08-09-2014 StopLoss 2567.15 | Profit so far 90.93
NIFTY Hold Short taken at 8122.72 On 10-09-2014 StopLoss 8151.2 | Profit so far -15.13
RELIANCE Hold Short taken at 1029.87 On 10-09-2014 StopLoss 1029.03 | Profit so far 10.52

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Major Mkt Activity on 12 Sep 201

Long Build Up: EXIDEIND, OFSS, CIPLA, PETRONET, TATACHEM
Short Covering: MCDOWELL-N, DIVISLAB, BPCL, ASIANPAINT, ABIRLANUVO

Short Build Up: BHARATFORG, CAIRN, CROMPGREAV, SUNPHARMA, UPL
Long Unwinding: RECLTD, IRB, PFC, CNXIT, HINDPETRO

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Important Levels for 15 Sep 2014

NIFTY : Levels to watch are 8163.8 and 8111.9
BANKNIFTY : Levels to watch are 16388.75 and 16252.45
RELIANCE : Levels to watch are 1025.68 and 1013.02
SBIN : Levels to watch are 2659.28 and 2610.32

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Against Trend Calls for 12 Sep 2014

ASHOKLEY -> On Short Side at open or spikes
CAIRN -> On Long Side at open or dips
CANBK -> On Short Side at open or spikes
IDBI -> On Short Side at open or spikes
IOB -> On Short Side at open or spikes
SAIL -> On Long Side at open or dips
MRF -> On Short Side at open or spikes

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Trend Trading Levels for 12 Sep 2014

BANKNIFTY Hold Long taken at 15039.3 On 12-08-2014 StopLoss 16150.8 | Profit so far 1244.25
SBIN Hold Long taken at 2543.87 On 08-09-2014 StopLoss 2554.68 | Profit so far 67.63
NIFTY Hold Short taken at 8122.72 On 10-09-2014 StopLoss 8168.53 | Profit so far 3.32
RELIANCE Hold Short taken at 1029.87 On 10-09-2014 StopLoss 1035.25 | Profit so far 8.12

Posted in FnO |